NSE: SYMPHONY | BSE: 517385

Expensive Performer

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1121.20 -33.60 (-2.91%)

40.39% Fall from 52W High

173.2K NSE+BSE Volume

NSE 28 Mar, 2025 3:31 PM (IST)

7,699.4

Market Cap

Below industry Median

0.7

Beta 1Year

Very Low volatility

Symphony Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SYMPHONY, BSE:517385 Symphony Ltd.

Symphony Ltd.

22 Feb 2018

1121.20

-2.91%

Symphony posted robust performance in Q3FY18 with standalone revenue growth of 21% YoY in Q3FY18 driven by healthy growth in volumes. EBITDA margin surged by 255 bps YoY to 39.9% on the back of strong response to new product launches, premium models and benefit of cost optimisation. The company's continuous focus on new product launches and potential market share gains due to implementation of GST will augur well for revenue growth. We factor revenue CAGR of 20% over FY17-20E. The increasing demand for premium products will aid the company in sustaining...

Symphony Ltd. has lost -30.66% in the last 6 Months

Symphony Ltd.

31 Jan 2018

1121.20

-2.91%

Symphony - Q3FY18 Result Update - New launches, better mix to drive growth

Buy: Symphony Ltd.

Target

Religare

Symphony Ltd delivered healthy set of numbers for Q3FY18 with net revenue & PAT growth (standalone) of 20.9% & 20.7% YoY, marginally above our estimates. Aided by lower material cost & overhead expenses (as a % to net revenue), EBITDA margins expanded by 255bps YoY to 39.9%, which was encouraging.

Symphony Ltd. has an average target of 1519.00 from 1 broker.

Symphony Ltd.

25 Jan 2018

1121.20

-2.91%

Symphony Ltd

Buy: Symphony Ltd.

Target

ICICI Securities Limited

Revenues grew 20.8% YoY to | 217.6 crore (vs. I-direct estimate: | 216.8 crore) on account of healthy volume growth as dealers started re-stocking inventory before the summer season to gain higher discounts. The company launched two new range of products (namely Silver' & Diamond) with six variants. One fourth...

Symphony Ltd. has an average target of 1519.00 from 1 broker.

Symphony Ltd.

24 Nov 2017

1121.20

-2.91%

Result Update Q2FY18 Symphony Ltd

Buy: Symphony Ltd.

Target

Religare

Symphony Ltd's net revenue growth of 22.5% YoY was healthy and in line with our estimates, while operating profit & PAT growth of 24.4% & 19.2% YoY was above our projections. EBITDA margin gained 55bps YoY at 34.8%, largely aided by improved mix.

Symphony Ltd. has gained 32.29% in the last 1 Year

Symphony Ltd.

01 Nov 2017

1121.20

-2.91%

Symphony Ltd

Buy: Symphony Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Symphony witnessed strong revenue growth of 22.5% YoY to | 184.3 crore largely due to robust volume growth led by re-stocking of inventory at dealer's levels post GST implementation. Gross margins expanded 135 bps during the quarter, partly offset by higher overhead expenses. The company continues to enjoy elevated operating margins 34.8% (inched up 55 bps in Q2FY18) Net profit witnessed growth of 19.2% to | 50.7 crore (I-direct...

Number of FII/FPI investors increased from 165 to 188 in Dec 2024 qtr.

Symphony Ltd.

31 Oct 2017

1121.20

-2.91%

Symphony

Buy: Symphony Ltd.

Target

KRChoksey

Symphony Ltd posted its Q2FY18 results which were above our estimates. Net revenue for the quarter was at INR 1,842.5 Mn which grew by 22.5% YoY and 42% QoQ. Mainly due to growth from sale of new products. EBIDTA for Q2FY18 stood at INR 642 Mn with margins of 34.8% which was an increase of 1,986 bps QoQ and 77 bps YoY due to lower raw material and advertisement cost during...

Symphony Ltd. is trading below all available SMAs

Symphony Ltd.

23 Oct 2017

1121.20

-2.91%

Symphony

Buy: Symphony Ltd.

Yes Securities

Symphony Ltd. is trading below all available SMAs

Symphony Ltd.

07 Sep 2017

1121.20

-2.91%

Religare Investment Call - Symphony Ltd.

Buy: Symphony Ltd.

Religare

Incorporated in 1988, Symphony Ltd is the world's largest air cooler manufacturer. With a pan India network of 1,000 distributors & 30,000 retailers, Symphony offers a wide product range across residential air coolers, packaged air coolers and central air coolers.

Number of FII/FPI investors increased from 165 to 188 in Dec 2024 qtr.

Symphony Ltd.

17 Aug 2017

1121.20

-2.91%

Symphony

Buy: Symphony Ltd.

Geojit BNP Paribas

Symphony is the largest air cooler manufacturer with a market share of ~50% in the organised market in India, a testimony of its strong brand equity. Symphony enjoys a strong R&D; advantage, thereby enabling the company to launch more than 40 new products in the last six years. Its asset light business model has enabled the company to sustain its EBITDA margin level above 20% and ROCE above 40% over the years. Introduction of premium range of air coolers will prove to be margin accretive in the long run. Hence, we estimate EBITDA margin of 27.6%/ 28% in FY18E/19E....

Symphony Ltd. has gained 32.29% in the last 1 Year

Symphony Ltd.

10 Aug 2017

1121.20

-2.91%

Symphony

Buy: Symphony Ltd.

KRChoksey

Symphony Ltd posted its Q1FY18 results which were below our estimates. Net revenue for the quarter was at INR 1,297.5 Mn which de-grew by 15% YoY and 29.5% QoQ. Mainly due to de-stocking ahead of GST implementation and lower sales in Tier one and Tier two cities. EBIDTA for Q1FY18 stood at INR 194.4 Mn with margins of 15% which was a decrease of 1,192.9 bps QoQ and 1,057.4 bps YoY due to extreme competition and price war by other players during the quarter. PAT for Q4FY17 stood at INR 229.5 Mn and PAT margin was at 17.7% which saw...

Symphony Ltd.'s price crossed below 30Day SMA today

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Is Symphony Ltd. worth buying?

185 Votes:

Buy 76.76%

Sell 10.27%

Hold 12.97%

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